Energy & Utilities

ADB grants financing for $1.49bn power plant in Thailand

12 Nov 2018 | Asia

The Asian Development Bank (ADB) and Gulf SRC have signed a $227.7m loan agreement to finance the construction and operation of a 2,500MW combined-cycle power plant in Chonburi Province, Thailand.

Toshiba to pull out of UK nuclear power plant project, wind up NuGen

9 Nov 2018 | Europe

Toshiba has decided to wind up NuGeneration (NuGen), a subsidiary formed for the construction of a nuclear power plant on the West Cumbria coast in northwest England, and withdraw from the project.

EGP breaks ground on 220MW Magdalena II solar plant in Mexico

9 Nov 2018 | North America

Italian renewable energy company Enel Green Power (EGP) has broken ground on the Magdalena II, a 220MW solar park, in the municipalities of Tlaxco and Hueyotlipan, in the Mexican state of Tlaxcala.

ADB approves $500m loan for Turkmenistan power transmission network

9 Nov 2018 | Asia

The Asian Development Bank (ADB) has approved a $500m loan to Turkmenistan to strengthen the country’s transmission network, improve the reliability of power supply, and increase export of electricity to neighbouring countries.

TCC wins $228m contract for Taiwanese wind power substations

7 Nov 2018 | Asia

Taiwan Cogeneration Corporation (TCC) has won an EPC contract worth more than TWD7bn ($228m) from Danish offshore wind power company Orsted for the first 900MW Greater Changhua projects in Taiwan.

L&T Construction wins orders worth $182m

5 Nov 2018 | Asia

L&T Construction, the construction subsidiary of L&T, has won orders worth INR13.29bn ($182m)across three business segments.

Aecon JV wins contract for Second Narrows Water Supply Tunnel in Canada

2 Nov 2018 | North America

A joint venture between Canadian construction company Aecon (40%) and American heavy civil construction company Traylor Bros (60%) has won a $267m contract from Metro Vancouver (Greater Vancouver Water District) for the Second Narrows Water Supply Tunnel project in British Columbia, Canada.

TransCanada announces $1.5bn NGTL System expansion

1 Nov 2018 | North America

TransCanada Corporation has announced a $1.5bn expansion of its NOVA Gas Transmission (NGTL) System to connect existing and new supply to incremental intra-basin market demand.

ENGIE North America breaks ground on 196MW wind farm in Kansas

1 Nov 2018 | North America

ENGIE North America has begun construction on the 196MW East Fork Wind Project in Thomas County, Kansas.

Port of Corpus Christi, Carlyle Group to construct oil export terminal on Harbor Island

30 Oct 2018 | North America

The Port of Corpus Christi Authority has signed an agreement with The Carlyle Group to develop a crude oil export terminal on Harbor Island, connecting crude oil production in the US with global markets.

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